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Newton real estate market overview
- Average Monthly Rent: $625
- Home Price/Value Percentage Change: 13.9%
- Median Home Value: $219,278
- Best Time To Sell a Home: September
- Affordability Index: 86
- Days To Sell a House: 83
- Job Market: Fair
- Public School Ranking: 29
Location and weather
Newton is in Catawba County, halfway between Winston-Salem and Asheville. This small-town complex has a landscape made up of rolling terrain that blends into the foothills of the Blue Ridge Mountains. This ideal location makes Newton the perfect place to enjoy attractions, breath-taking views, and out-door activities.
In Newton, winters are moderate, and summers are refreshing, reaching highs in the upper 70's in January. The foothills of the mountains contribute to the pleasing climate here, where the average annual temperature is around 57 degrees.
Population, job market and cost of living
Newton has a population of 13,202, with a growth rate of 0.14% annually.
The job market has decreased by -6.5% over the last year. In ten years, job growth is predicted to be 39.79%. Newton offers a wide range of incentives for new employees working with the city and also offers quality technology training and proximity to a vast number of well-known suppliers. Some of the major employers in this city are GKN Driveline, United Church Homes and Services, McCreary Modern Inc, Getrag and Lee Industries.
Newton is an affordable city to live in, with a lower overall living cost than both the North Carolina and US average. Housing specifically is highly inexpensive.
Newton real estate market details
- City Center
- Witherspoon Crossroad
There has been a 13.9% increase in median home value over the last year. As of 2022, the median home value is $219,278.
The month of September is the best time to sell a home for the most value. The month of May is the best time to sell a home quickly.
The top ranked public schools are South Newton Elementary, Balls Creek Elementary, Jacobs Fork Middle, Discovery High School at Newton Conover, Newton-Conover High and Fred T Foard High. This information derives from data measuring academic performance and equity.